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McKinsey pegs Poverty Line at Rs 1,336 per month -Prabhakar Sinha

-The Times of India NEW DELHI: A Global consultancy firm pegged a new level for poverty or empowerment line - at Rs 1,336 per month per person as against the Poverty Line prescribed by the government at around Rs 870 per month per person. McKinsey, in a report, said the empowerment line determines the level of consumption required for an individual to fulfill his/her basic need for food, energy, housing, drinking water,...

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Why did Chidambaram shut down New Delhi?-Mihir S Sharma

-The Business Standard The economic logic - and political reasons - behind the giant shift of spending power to the states Interim Budgets are not supposed to do this. This is precisely what they are not supposed to do. They are not supposed to lay out a policy change so vast it disempowers the next central government. But that's what P Chidambaram has done - and it appears to have been...

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Urban Poor

-Press Information Bureau (Ministry of Housing and Urban Poverty Alleviation) As per the poverty estimates released by the Planning Commission, the percentage of population below Poverty Line in urban areas has declined from 25.5% in 2004-05 to 13.7% in 2011-12. This was stated by Dr. (Ms.) Girija Vyas, Minister of Housing & Urban Poverty Alleviation in a written reply to a question in the Lok Sabha today. Dr Vyas stated that the...

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Migration back to villages-Devinder Sharma

-DNA The government's lack of focus on agriculture shows its lopsided priorities. In the coming months, about 1.5 crore farmers who quit agriculture in the past seven years, are likely to trudge back into the villages. In normal circumstances such a massive reverse migration - from the cities back to the villages - would have been a sign of inclusive growth. But economists are taking this U-turn as a sign of...

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Babudom stifling RTI, PIL in SC says -Dhananjay Mahapatra

-The Times of India NEW DELHI: A man seeking land registration details in a village through Right to Information Act was asked to pay a fee in excess of Rs 21 lakh. When a below Poverty Line person put up an RTI query on distribution of food grains under PDS, he was told to deposit Rs 2,000 to get the information. Citing these and many such examples, advocate Sanjeeb Panigrahi has filed...

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